Bank of America's move to combine the role of CEO and board chair makes a mockery of efforts to improve bank oversight, Mike Mayo said.» Read More
Timothy Riddell, Head of Global Markets Research, Asia at ANZ discusses the hits and misses in the Chinese central bank's tough love approach towards banks.
Mainland banks are now able to buy greater stakes in Taiwanese counterparts, but as CNBC's Emily Chan finds out, the ultimate prize for Taiwan's lenders remains elusive.
System outages at several Chinese banks have exacerbated concerns amongst the public about a credit crunch, after the central bank tightened the availability of funds.
Lorraine Tan, Director of Equity Research at S&P Capital IQ explains why she's bullish on China Construction Bank and ICBC, despite fears over a cash crunch in mainland financial markets.
Wells Fargo chief CEO John Stumpf tells CNBC that interest rates need to return to levels that existed before the Federal Reserve started its accommodative monetary policy.
Christopher Wolfe, MD, Financial Institutions at Fitch Ratings says that the top 5 banking giants in the U.S. are well insulated to prevent a repeat of the 2008 financial crisis.
Britain's Co-operative Bank is close to agreeing a rescue package with the Bank of England that will plug a capital shortfall of up to 1.5 billion pounds ($2.35 billion).
A German bank employee accidentally transferred millions from a customer’s account when he fell asleep at his computer.
Michalis Sallas has thrived in Greece’s freewheeling business culture as head of Piraeus Bank, but financial oversight is increasing and may complicate his dealings.
Mike Smith,CEO of ANZ discusses the complexity of the mainland banking system and the direction of future monetary policy in Australia.
Deutsche Bank's co-CEO Anshu Jain told CNBC he's cautiously optimistic about the health of the global economy but worries about regulatory 'balkanization.'
You can't comparison shop if you don't know what you're getting. And that's what happens, in many cases, when people open a checking account.
U.S. banks earned more from January through March than during any quarter on record, buoyed by greater income from fees and fewer losses from bad loans.
Credit Suisse's chairman warned that a long-running tax dispute with the United States over hidden Swiss bank accounts could easily escalate and spill over to rivals if not settled.
Ahead of the JPMorgan Chase shareholder vote Tuesday to split the chairman and CEO roles currently held by Jamie Dimon, banking analyst Richard Bove lauded Dimon's track record.
Dallas Fed President Richard Fisher and former Sen. Judd Gregg rail on CNBC against keeping taxpayers on the hook for the banks, but disagree on how to end the problem.
Adult movie star Chanel Preston knows not everyone approves of her chosen profession, but she never thought it would affect her ability to open a bank account.
It's "nonsensical" to split the role of chairman and CEO at JPMorgan Chase when Jamie Dimon has had such a strong track record, former board member Lawrence Bossidy tells CNBC.
A British pension fund advisor—joining calls for JPMorgan to split the role of chairman and CEO—told CNBC its decision is unaffected by the threat of a possible Jamie Dimon exit.
The cell hacked into credit card processors to steal MasterCard debit card data, which it used to make about 36,000 transactions over 10 hours, the Justice Department said.